MW: U.S. dollar falls to fresh 15-year low against yen
By V. Phani Kumar
HONG KONG (MarketWatch) -- The U.S. dollar fell to a fresh 15-year low against the Japanese currency Wednesday even as Japanese officials sounded warning potential intervention measures in the foreign exchange markets. Japan's finance minister Yoshihiko Noda said the government stands ready to take steps against the rising yen, if necessary, and that the steps could include exchange market intervention. The greenback fell as low as 83.32 yen in Asian trading, below the low of 83.49 yen it touched overnight in U.S. trading, before recovering. The euro, meanwhile, dropped to 105.84 yen from 106.29 yen.
